TD I have exited 80% of my MNM at a good profit and may return when momentum for that name is apparent again.
In the meantime I have transferred all the funds across to TRH as it is my belief that TRH is the next stock to show some serious upward momentum potential on the back of what should be perceived as company making ANNs with regard to access at Paradox
I have bought TRH between 32c and 48.5c over the past week or so.
It seems so obvious to me and I was just guessing that I was not the only one to do this.
I like MNM but for the next month or so I think I will like TRH more.
Even at $1 TRH is a bargain compared to others at simillar levels of development in the potash space so below 50c I am very happy to buy.
If you bear in mind I am based in Kiev and the ASX is open between 2am and 8am each day then my investment is not just in cash but lack of sleep as well.
I just wish there were some TRH options ... just imagine the leverage :-)
EB
TRH Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held